The investment landscapes in Djibouti, Ethiopia, Eritrea, Kenya, Seychelles, Somalia, South Sudan, Tanzania and Uganda are analyzed in our investor’s guide to East Africa.
East Africa’s economy is surging, with annual GDP growth heading in the right direction. In 2019 the region’s economy grew at about 5%. In spite of the Covid-19 pandemic, the region is forecast to grow 3% in 2021 and move back up to 5% by 2022.
Despite economic imbalances across East Africa, Djibouti, Ethiopia, Kenya, Seychelles, Tanzania and Uganda are making promising progress. Eritrea, Somalia and South Sudan, however, very much remain trapped in poverty and conflict.